Topic: Professional practice

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Never Too Soon to Start

If you’re relatively new to practice, you may think that you can deal with retirement planning much later. But it takes years to accumulate the savings you’ll need for an ideal retirement. It’s well worth spending time now to strategize how you’ll get from here to there – even if retirement is many years in…

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Professional Liability Insurance: 2022 Trends

The AIA Trust together with the American Council of Engineering Companies (ACEC) and the National Society for Professional Engineers (NSPE) work annually to conduct an insurance carrier review and interview of professional liability trends and risk management issues.  Following is a summary of highlights for 2022 in addition to complimentary useful resources made available to…

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Providing Pro Bono Services

Whether or not professional services are provided for a fee or on a complimentary basis, the professional liability risks are the same. Professional liability insurance coverage is also the same, even though no premium is calculated on the value of the free services provided. The general rule is that a professional performing voluntary services must…

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The Effect of Economic Conditions on Insurance Rates

In today’s environment, when material prices are unpredictable, inflation is rising, claims are increasing, and disputes take much longer to resolve, that prediction of the cost of future claims becomes more uncertain. Learn how construction-related professional service firms may face certain future exposures, and how insurers must anticipate and prepare for losses from those exposures.

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Copyright: Do you know?

Few put copyright at the top of their list of must-haves in contract negotiations. Fewer register documents for copyright protection. Copyright protections under current law exist for you and LegaLine explains more:

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